Monday, August 10, 2009

~The Top Five Reasons to Purchase your First Home~

Did you know that this is a great time to become a first-time home buyer? It’s true!

If your friends, family and the media have all convinced you that the poor economy and the tough housing market are not in your favor, then think again! Now may be the time to begin educating yourself on the advantages of becoming an Irving first-time home buyer in today’s economy:

Interest rates are at near-historic lows, which mean that you can get more home for your money. For many Irving homebuyers, low interest rates can lower their mortgage payment by hundreds of dollars each month, or they can afford to purchase a more expensive Irving property. Low interest rates also mean that a home purchase is feasible, unlike just a few years ago when inflated home prices kept many potential buyers out of the market.

Federal Housing tax credits for Irving, TX new homebuyers could mean that you can receive as much as $8,000 from the federal government just by purchasing your first Irving home. This tax credit is not limited to Irving new buyers, either. If it has been more than three years since you purchased a home, you may also be eligible for this incentive.

The real estate market is flooded with fantastic, Irving homes. Because we are still in the midst of a buyer’s market, you will likely have a great selection of homes from which to choose. This may be the time for you to find the perfect Irving home!

There are many homeowners who are looking to sell their Irving homes, often below the appraised value. The abundance of homes on the market means that there are many anxious Irving homeowners willing to drop the home price or accept lower offers.

A home is a great investment. Although home values across the nation have seen a sharp decline over the past few years, a home is still considered an excellent investment. The interest paid on your mortgage is also generally tax deductible, thereby providing additional benefits at year’s end.

Contact me now to learn more about purchasing your first Irving home. 214-763-5115

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